Comments on: Are you cool with stores going cashless?! https://eliteedgemoney.com/pros-cons-stores-going-cashless/ Money | Minimalism | Mohawks Sun, 26 Apr 2020 03:44:19 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Sharon https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-299165 Sun, 26 Apr 2020 03:44:19 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-299165 Maybe in large cities cashless is reasonable, but in my very rural part of Canada, cash is still very much a part of everyday life. For me, the options for internet at home are expensive satellite service or expensive phone data plans. If the card machines go down, it’s not unusual for it to last until the next day, and to affect several businesses at once.

]]> By: Sharon https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-299164 Sun, 26 Apr 2020 03:43:17 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-299164 In reply to Darcie.

Maybe in large cities cashless is reasonable, but in my very rural part of Canada, cash is still very much a part of everyday life. For me, the options for internet at home are expensive satellite service or expensive phone data plans. If the card machines go down, it’s not unusual for it to last until the next day, and to affect several businesses at once.

]]> By: J. Money https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296542 Fri, 06 Mar 2020 19:49:22 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296542 In reply to Darcie.

Stop!! Panhandling app?!

]]> By: Darcie https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296399 Thu, 05 Mar 2020 00:05:38 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296399 Pardon me for saying so but, I find America years behind other Western nations. You will never need cash in many of them and it is almost obsolete in some already. We have a local panhandler with an app on his phone to receive donations, because no one is carrying cash anymore. Used smartphones are cheap and free wifi signals are quite common.

Cashless Canadian

]]> By: J. Money https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296267 Mon, 02 Mar 2020 12:35:32 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296267 In reply to pc.

YES!! Eek!

]]> By: J. Money https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296266 Mon, 02 Mar 2020 12:35:09 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296266 In reply to Adam.

oh wow! haha…. I keep $500 in cash in our safe, but that’s pretty hardcore keeping it in your car?! i wonder why $700?

]]> By: pc https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296140 Sat, 29 Feb 2020 04:41:41 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296140 In reply to J. Money.

… and tooth fairies!

]]> By: J. Money https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296115 Fri, 28 Feb 2020 20:40:51 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296115 In reply to CH.

Interesting insight!

]]> By: J. Money https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296114 Fri, 28 Feb 2020 20:39:58 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296114 In reply to J. Money.

PS: Just saw this trending on Twitter:

“The tools you can use to fool facial recognition software”

https://twitter.com/i/events/1233139406531440641

]]> By: CH https://eliteedgemoney.com/pros-cons-stores-going-cashless/#comment-296109 Fri, 28 Feb 2020 18:58:53 +0000 https://staging.eliteedgemoney.com/?p=62512#comment-296109 J, we run a Retail/Experiential venue in Los Angeles and we have gone completely cashless. For the first week we were open, we took cash but the % of sales were 8-12% cash transactions. It took hours a day to count drawers in and out and make sure procedures were in place for breaks, etc. We went cashless 3 weeks ago and have never looked back. We accept all major cc/debit/apple pay. We have not had any push back on this decision from employees or customers.

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